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Shein faces Beijing security probe amid planned US IPO

China's internet regulator, the Cyberspace Administration of China (CAC), is conducting a security review of Shein as it seeks approval from Beijing for its planned U.S. initial public offering (IPO). About the review: Shein, valued at $66 billion, has filed for a U.S. IPO and needs approval from both U.S. and Chinese regulators. It will examine whether Shein can prevent data leaks overseas. ....

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China Launches Data Review Into Shein Ahead of US IPO, WSJ Says

(Bloomberg) China’s top cybersecurity watchdog is probing how Shein handles data as the fast-fashion company is seeking Beijing’s approval for its initial public offering in the US, Wall Street Journal reported. Most Read from BloombergMusk Pressures Tesla’s Board for Another Massive Stock AwardApple to Allow Outside Payments for Apps After US DecisionA Wary World Braces for Trump’s Return to the White HouseBonds Slide as Fed’s Waller Downplays Need to Rush: Markets WrapWhat Is Disease X? How ....

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shein: China's Cyberspace Administration is conducting review of Shein: report

The government is also interested in the type of Chinese data that the company will disclose to regulators in the U.S. as Shein seeks a listing there, the newspaper reported. ....

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Japan's Uniqlo Sues China Rival Shein Claiming Firm Copied Its Viral Shoulder Bag

The Japanese apparel brand said certain Shein bags "closely resemble" Uniqlo's cross-body bag which has been a huge hit online. ....

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China's Cyberspace Administration is conducting review of Shein: Report

The Cyberspace Administration of China is conducting a cybersecurity review of online retailer Shein's data handling and sharing practices, the Wall Street Journal reported. China's internet regulator is looking at how Shein handles information on its partners, suppliers and staff in China, and if the fash ....

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